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Kiwetinohk Resources and Distinction Energy Announce Agreement to Combine

Kiwetinohk Resources and Distinction Energy Announce Agreement to Combine
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Canada s Tourmaline to expand in Montney with C$1 1 bln deal for Black Swan

Canada's Tourmaline Oil Corp (TOU.TO) said on Friday it would buy privately owned Black Swan Energy Ltd in a C$1.1 billion ($908.79 million) deal, as the oil and gas producer looks to expand in the Montney region, one of North America's top shale plays.

Canada s Tourmaline to expand in Montney with C$1 1 billion deal for Black Swan

Canada's Tourmaline Oil Corp said on Friday it would buy privately owned Black Swan Energy Ltd in a C$1.1 billion ($908.79 million) deal, as the oil and gas producer looks to expand in the Montney region, one of North America's top shale plays.

Global Energy M&A Starting Strong as Operators Transform Oil, Gas Portfolios

Global Energy M&A Starting Strong as Operators Transform Oil, Gas Portfolios Following a slump in dealmaking last year, the oil and gas industry is hitting the reset button in 2021, as operators are making deals with an eye to consolidate and reduce their carbon footprints. Although the year is young, two recent analyses demonstrate the difference between the slumping activity last year and what may be at hand as this year moves forward. Deloitte issued a lookback at 2020 activity and offered an upbeat forecast for 2021. Singapore-based Finbrook Pte Ltd. on Tuesday gave a vote of confidence for this year in its review of February activity, which showed dealmaking was on the rise through February in North America and beyond.

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